Foreign Ownership of Real Estate... «Engineering Trust»

The decision allows non-citizens to own real estate under the regulation of the General Real Estate Authority to promote investment and protect national priorities.
Sami Mohammed Al-Qahtani - 95th National Day - The quest for those who strive

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Foreign Ownership of Real Estate... «Engineering Trust»

Sami Mohammed Al-Qahtani

In an era where concepts of borders are shifting and the relationship between people and place is evolving, the Kingdom has issued a decision that is uniquely its own: allowing foreigners to own real estate.

This is neither generosity nor luxury, but rather conscious trust from a state that knows exactly when to open the door and when to hold onto the key. The decision did not require a media frenzy, for its strength lies in its calmness.

A step taken on stable ground, unshaken, by hands that know how to manage the market just as trust is managed: it is given only to those who deserve it.

The Kingdom, in opening the door to foreign ownership, has not compromised its identity nor overlooked its priorities. Behind this decision stands the General Real Estate Authority, not as a traditional regulator, but as an architect of trust.

An entity that manages the landscape with wisdom, neither exaggerating nor hesitating. It regulates the market with an economic eye and a patriotic heart.

And between the investor who saw an opportunity in the decision, the resident who saw recognition in it, and the citizen who sees his homeland growing without being excluded, a moment is born worthy of a long history of calculated transformations.

It is not real estate that has changed, but our view of those who share this space with us.

This is not a deal, but a partnership..

And it is not a call to buy, but a call to stay

@SamiQhtani